Rhine water levels hit 2-month low

Water levels along the Rhine river, a key waterway
for transporting commodities and other products from coastal
areas to inland locations in France, Germany and Switzerland,
fell to their lowest since May 21, Refinitiv Eikon data
showed.

Levels at the Kaub <WL-KAUB> location in Germany hit 201
centimetres and have been steadily declining since late June, the
data showed.

Oil barge brokers said the low water levels meant barges were
leaving the Amsterdam-Rotterdam-Antwerp refining and storage hub
to inland locations not fully laden.

Water levels along the river hit a record low of 25 cm in
October, which led to oil product shortages in Germany and
Switzerland.